The British Academy for Training and Development presents its specialized training program in Financial Auditing and Control, carefully designed to meet the needs of organizations seeking to enhance financial efficiency and ensure compliance with professional standards and regulations.

Amid increasing economic challenges and regulatory pressures, it has become essential to equip financial staff with modern tools and precise skills to guarantee the integrity of financial performance and transparency of reports. This program aims to provide participants with a comprehensive understanding of auditing and control concepts, from theoretical foundations to practical applications, supporting decision-making, ensuring governance, and achieving organizational objectives efficiently and sustainably.

Who Should Attend?

• Employees in internal audit and financial control departments in public and private institutions.

• Accountants and financial auditors seeking professional development.

• Financial managers, compliance managers, and risk management officers.

• Staff in finance and accounting departments involved in reporting and performance analysis.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Establish a solid knowledge base of financial auditing and institutional control concepts

• Understand international auditing standards and their effective implementation

• Enhance skills in risk analysis, detecting financial discrepancies, and resolving them

• Improve the quality and efficiency of financial reports through precise control systems

• Support transparency, integrity, and good governance practices within the organization

Principles of Financial Auditing and Control

• Introduction to Financial Auditing

  • General concept of financial auditing and its role in ensuring institutional integrity

  • Distinction between internal and external auditing and the responsibilities of each

  • Link between financial auditing, governance, and sound management

• Fundamentals of Financial Control

  • Definition and importance of financial control in protecting resources

  • Key elements of an effective control system within organizations

  • Relationship between control, compliance, and organizational policies

Standards and Procedures in Financial Auditing

• International Standards for Financial Auditing

  • Overview of International Standards on Auditing (ISA) and their applications

  • Importance of adhering to standards to enhance credibility of financial results

  • Practical challenges in applying standards in diverse environments

• Auditing Methodology and Key Steps

  • Audit stages from planning to final report issuance

  • Methods for collecting evidence and verifying financial transactions

  • Preparing audit reports and formulating appropriate recommendations

Internal Auditing and Operational Control

• Role of Internal Auditing in Enhancing Institutional Performance

  • Internal audit function in monitoring activities and mitigating risks

  • Independence of internal auditors and its impact on audit quality

  • Coordination between internal audit and executive management

• Designing and Implementing Operational Control Systems

  • Basic principles for establishing effective process control systems

  • Monitoring procedures and performance in operational departments

  • Evaluating control effectiveness and recommending improvements

Detecting Fraud and Financial Irregularities

• Fraud Prevention and Detection

  • Identifying common types of fraud in organizations

  • Warning indicators of financial irregularities or manipulation

  • Role of the auditor in detecting fraud and preparing unbiased reports

• Analysis and Interpretation of Financial Deviations

  • Studying discrepancies between actual and planned performance

  • Root cause analysis of deviations

  • Guiding management to make informed financial decisions based on accurate analysis

Strategic Control and Reporting

• Strategic Financial Auditing

  • Aligning financial control with the organization’s strategic objectives

  • Using financial analysis tools to support decision-making

  • Monitoring long-term performance and evaluating strategy effectiveness

• Preparation of Financial Control Reports

  • Elements of an effective control report and its role in supporting management

  • Standards for evaluating report quality and credibility

  • Providing practical and actionable recommendations to improve financial performance